Tankao makes earbuds for mobile devices. When Tankao produces 20 sets of earbuds, its average variable cost is $5 per set and its average total cost is $8 per set. Tankao's:
marginal cost is less than $3 per set.
marginal cost is equal to its average fixed cost.
marginal cost is $3 per set.
average fixed cost is $3 per set.
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